Mission
THE MISSION OF THE CONSORTIUM IS TO ENGAGE IN RESEARCH, EDUCATION, AND ADVOCACY FOR SCIENCE-BASED INITIATIVES THAT PROMOTE THE HEALTH AND SAFETY OF THE RACEHORSE AND THE INTEGRITY OF COMPETITION.
Public Charity
RACING MEDICATION AND TESTING CONSORTIUM
RACING MEDICATION AND TESTING CONSORTIUM is a nonprofit organization categorized as Public Charity based in LEXINGTON, KY. Its most recent IRS filing (2024) reports revenue of $522K, expenses of $888K, total assets of $568K. Imperigo tracks 18 reported grant relationships connected to this organization totaling approximately $468K.
EIN: 721559413
LEXINGTON, KY
Fund Raising & Fund Distribution
NTEE: D12
Latest filing: 2024
Total Revenue$522K
Total Expenses$888K
Total Assets$568K
Grant Records18
Funding Total$468K
Filing Years2019–2024
Where $100 goes at Racing Medication and Testing Consortium
How Racing Medication and Testing Consortium divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$78
Programs
the work itself
$22
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $78 for programs
$78
Research, education, and advocacy to ensure the integrity of the horse racing sport and the safety of its participants.Rmtc goals:develop and recommend policies and prohibited practices, and enforcement…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$51,000
GRANT TO FURTHER EQUINE PROMOTION
$10,000
GRANT TO FURTHER EQUINE PROMOTION
$10,000
TO SUPPORT THE MISSION TO FUND RESEARCH, DEVELOP AND PROMOTE POLICY RECOMMENDATIONS, AND EDUCATE STAKEHOLDERS IN SUPPORT OF HORSE RACING SAFETY AND INTEGRITY
$9,509
TO SUPPORT THE MISSION TO FUND RESEARCH, DEVELOP AND PROMOTE POLICY RECOMMENDATIONS, AND EDUCATE STAKEHOLDERS IN SUPPORT OF HORSE RACING SAFETY AND INTEGRITY
$21,300
Showing up to 5 of 18 total records — full history available with membership.
Officers & Directors
DIRECTOR
Alan Balch
CO-VICE CHAIR
Alan Foreman
CHAIRMAN
Alex Waldrop
DIRECTOR
Andy Schweigardt
DIRECTOR
Bill Nader
DIRECTOR
Chauncey Morris
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $522K | $888K | $568K |
| 2023 | $461K | $663K | $880K |
| 2022 | $719K | $592K | $1.1M |
| 2020 | $768K | $702K | $782K |
| 2019 | $598K | $621K | $690K |
Between 2019 and 2024, reported annual revenue declined from $598K to $522K (-13%), with total assets most recently reported at $568K.
Interactive year-over-year charts and full filing details available with membership.